Fiserv Inc., a global provider of financial services technology solutions, has announced that long-term client Northwest Savings Bank of Warren, Pa., has expanded its use of Fiserv solutions and renewed its account processing relationship on the Signature bank platform.
Northwest Savings Bank has increased its asset size by $5.2 billion since becoming a Fiserv client in 1998 and cites the company as a key strategic partner in its success. According to a company release, large and mid-sized financial institutions rely upon Signature to increase operational efficiency, expand their markets and rapidly deliver a complete range of customer-focused products and services. Signature is fully integrated with other best-in-class Fiserv solutions to provide a complete enterprise-wide solution for financial services delivery.
Northwest Savings Bank heavily utilizes the Signature bank platform with Communicator for flexibility via service oriented architecture (SOA). Currently, the bank also uses Nautilus Enterprise Content Manager and Bank Intelligence from Fiserv. As part of its expanded relationship with Fiserv, the bank will implement the Prologue accounting suite and Management Planning and Control for corporate performance management along with additional upgrades within Signature and Nautilus.
"When we signed with Fiserv in 1998, we had $2.9 billion in assets with a business plan to grow both organically and through acquisition. Now, we have $8.1 billion in assets and continue to aggressively move forward. We've been able to leverage our relationship with Fiserv as we grow and consider the company a strategic partner in our success," said Andrew Young, senior vice president, chief information officer, Northwest Savings Bank. "Fiserv has a solid track record for scalability and flexibility — that has been and will continue to be very important to our organization. We have relied on Fiserv for this reason, as well as for new products and services that deliver high value."
